Asking Price: $60,000
Real Estate: $245,000
Business Description: The Gallery displays distinguished and uncommon furniture, accent pieces, prints and accessories allowing their customers to create spaces that reflect their individual character. It has a highly recognized name in the Greater Cincinnati & Dayton area. Products are upscale and affordable – value is paramount. For over twenty years the business has furnished over 40 Homearama homes – they understand trends and traditional styles. They also participate in the Cincinnati Home and Garden Show. Awards from magazines such as “Design” and “Cincinnati” are a testament to what they have and how they treat customers.
Facilities: The building is in good shape with old world flair. It is owned by the Owners of the Business. A sale is preferred, a lease will be considered. It’s in the perfect location, an area known for stores that are everything the big box retailers are not – offering unique high quality furnishings.
Financial: Annual Sales have been just under $250,000. Gross Profit Margin has been just over 45%.
Assets to be Sold: Assets consist of Inventory – typically in the $50,000 range – store fixtures, delivery truck, phone number, and other Goodwill of the Business.
Growth & Expansion: The Owners have done a good job promoting the Business, in spite of some health issues that have limited them. There is a huge opportunity to grow – a
Customers. They come from the local area and beyond. They have a loyal following and many new customers find the Gallery through word of mouth – referrals.
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If you want more information on this available business, please contact Michael Levin at 317-255-2620 or use our contact page.